20 Lakh INR VS 100,000 USD THE REALITY| AMBARISH DONGRE

[@vlogsingh]

I agree with your each and every statement. But apart from that USA is pool of opportunities, salary is a pleasing amount that keeps you running and alive. Don't be scared to try out businesses and grab opportunities, it's easier to become millionaire in USA rather than India.

[@kalashmalhotra1649]

Thanks for bursting out the myth that if one manages to step out of the country will have a luxurious life..The mere fact is that one (student ) has to step out in maximum cases only because he/she is not capable of grabbing seats in top indian colleges which have a really competitive aspect to get into comparatively

[@VrishabhDhwaj]

True that, In fact I think it's much more. India is "Survival of the fittest game" that's why even though I consider myself intelligent I couldn't get into a top college in India as there was always someone better than me, but that competition prepares you to be successful anywhere else in the world

[@vecna7523]

This is 100% true most of ppl from Mediocre college and with Mediocre brain go outside and boast and brag which I know is a lie cuz I know Economics and PPP and they therefore don't show off in front of me😂😂

[@rahoolmukherjee]

​@@vecna7523what you know is partially true however University life in a G8 country is a different "Beast" altogether which you don't have a clue about if you never had experienced the same ..!!!!!!

[@monildand4366]

A flaw was there, in USA saving 401(k) , it was $10,000 which is Rs8,20,000 approx where as in India it's Rs2,00,000. Difference of Rs6,00,000 is huge

[@ambarish-dongre]

Bro you get that money at the age of retirement. Indeed good to plan for tomorrow but it doesn’t change your daily life

[@suryanshparashar700]

@@ambarish-dongre This is unfair comparison , money is yours

[@mistersingh6470]

Good pt

[@user-zo4uf9gb4e]

What is 401k?

[@rishisaxena5275]

Please add information on the lifestyle comparision and it's related perks in India vs US and consider long terms say 10 years

[@rishisaxena5275]

Nice video

[@pushpeshsuman]

Infrastructure is available to everyone there. Here even Ambani will have a view of slums and honking of crowded roads from their balcony. But it doesn't mean one can go drive a truck in USA and boast of a better infrastructure and lifestyle fir that matter.

[@sheikh_misbah5559]

The thing is that it depends on the course and the subject. For example, the pay scale in India for pharmacy is pretty less, like even after your masters you would roughly get around 6,7 lpa on the other hand you can get 100000usd. The difference in this case is huge. SO, it depends on the situation and the course chosen.

[@user-zo4uf9gb4e]

Right bro

[@user-zo4uf9gb4e]

Even after 9 yrs of work.ex I am at 10.5 in pharma.in.india so it's better to move out of India institute?

[@what2game]

Make rent for 1 bhk- 30k, petrol- 6k, utilities- 6k (minimum) in case of Mumbai.

[@user-zo4uf9gb4e]

It's becoming same.now.days in Bangalore

[@YukteshwarKumar22]

This is absolute nonsense. Generally one pays 25-40% of their salary on a House mortgage. If you earn 80 Lakh in the USA, you can buy a bigger house worth at least 4 crore rupees which will be your asset. If you earn 23 Lakhs in India, you can buy only a house of up to RS 1.25 crore or so. The interest rate in India is more than double than of any developed nation too. Your expenses on food etc is less than 10% of your income. So, even though you spend more on meals in the USA or G7 nation, it is only a small part of your income. Think about the future of your kids. They can easily go to top universities in the USA or UK but for a middle-class family to send their kids to top universities in the world will be so difficult.

[@ambyvlogs]

This was all true earlier and thats why it was so lucrative to go to usa I totally agree! However things have changed now. Inflation in usa is worse! Its difficult to have a great life with a single person earning. Also you talked about 4 crore house about 500K USD… do you know to get that we need a downpayment of 100K ? How soon can a person save 100K? It takes a long time to get to that number in cash dude. Also do you know how expensive is college tution here? If you are a citizen then you may pay in-state tuition but for people on h1b , their kids pay out of state tuition which is 3x. Another part i missed is healthcare… you know how tough it is to even get a appointment? Last week I tried to get an appointment and the earliest available is after 2 months!!! India is much better in healthcare.. u grt doctors when u want them.

[@gayathripavani6206]

so u r saying that living in usa is better right???

[@debiprasaddas1829]

Agreed. But in USA, is there pay raise yearly or bonus annually. But another expensive issues were child education. Also all expenses are depending on location like newyork or Texas. Texas is less expensive. Like here Mumbai is very expensive and kolkata is very cheap.

[@VrishabhDhwaj]

I have experienced both and trust me grass always seems greener on the other side

[@ambarish-dongre]

Correct.

[@suryanshparashar700]

Bro just removed 8 lacs rupees , its saving only 😅😅😅, also a decent college gives an easy placement of 100-120 k in tech

[@mohinidongre2650]

I like the way you dramatized in this video🤟useful information 👌👌👌

[@ashishk81]

It means yearly US guy can save upto 12 lakh, also if you include yearly vacation within US and one trip to Indian then reduce 3-4 lakh So in US you end up having saving of 6-8 lakh with which you cant even buy house there

[@arunbalaji6409]

In my opinion your calculations on 100k USD versus 20L INR may not fit everywhere. $2200 for a 1bedroom may be avg in SFO/NY/Boston/LA/denver/San Jose, etc.... But for cities away from the suburbs offers 2bedroom apt for less than $2200. I live 1 hour away from Chicago suburbs and I rent a 2bedroom unit for $1300 and drawing $135k annual. Seriously comparing fuel 150$ vs 2000INR makes no sense at all.. Electricity 2k INR, groceries 10k, Restaurant and outing 10k 😂 I guess you are comparing San Francisco/New York city with some Tier 5/4 indian city. Additionally, 20L INR salary is offered only at big cities compared to 100k USD being offered at a tier 3 city too. I love and will always support India. But Dude, do not guide people with only half/improper information.

[@ambarish-dongre]

1300 for 2 bedroom near chicago… you really wanna defend this? I bet the area is not safe, no good school district and very few indians nearby. Prove me wrong and post a similar listing from apartments.com or any other site that says 2 bedroom for $1300 Bro we are talking about quality of life and not about how to live cheaply and have a bad life in USA to save money to send to India. Post a rental link please. Lets see what you think is good.

[@ambarish-dongre]

🤣🤣🤣 true.

[@KiranKumar-cg3yg]

Please make a video of saving in US if he is bachelor and sharing expenses with room mates.

[@pradhumnsharma4253]

Correction: Even if you pay 240,000 in PF, tax rebate will only be of 150, 000. So Taxable income for Indians in India will be 1,838,000

[@dipayanbiswas9890]

I heard doctors earn 400k in usa....... so is it enough to have a good lyf style there?

[@satya3538]

Earn in US spend in India 😂 Make yourself disciplined only full fill your needs in usa save as much as you can invest in us stock market and than after 5 years. Move back to india invest that 1 lakh in us stock market after 5 years get around 1.5 crore with 20% intrest.. You can start your business in india easily with 1.5 crore.

[@traderwithajay]

Get a remote job

[@FearlessBolt]

Bro forgot to mention that 100k usd is starting avg salary for one person in usa and 20 lakh inr is 15 years experience senior salary 🤣🤣 usa senior salary couples definitely earns around 400k usd and make banks and that's why people go abroad for better package bro forgot i guess

[@ambarish-dongre]

While its true that these days 100K has become a norm but there are many people who start from 70-75K and work their way up. It took me 4 years to reach 100K from 2013-2017 in big4.

[@mithununni8056]

No dear. 10 years ago when I started as a fresh grad, my package was 24 lpa INR. Working in us makes sense if both are earning well.

[@trailsofindia]

Yes you are correct and also he has added very wrong figure for expenses in US vd Ind U can easily get a house under 1400 usd which is much more better that india and in india you will get same kind of house in min 25000 , also petrol even if we convert into inr india petrol is much costlier than US if this costs 2000 in indi it will cost only 20 dollar in us bro, u have alao added wrong figures for grocery in US i stayed in us also and per month grocery is only 250 dollar where as in india it costs around 17-18K per month to me Restaurents cost is in ur hand this is to add luxury to ur lyf which is easily manageable if you want to save more but if u care about only basic cost in US with same salary what u mentioned u can save min 7-8 times of what you save in india Only emotional problems are there like u are not free to do anything in US but in at night 3 am u can go to maggi and other street shops and enjoy time with ur friend u can drink walking on road etc, u can ride without helmet to enjoy nature n a lot, also ur relatives family and a touch to ur own country

[@arjunarjun8659]

Yes, now the internet is filled with people who know less than you, and they are spreading knowledge

[@ambarish-dongre]

House under 1400? Please send me the address and ill get it too. I challenge you to post a link here with a house in a city or decent suburb which is 2 bed and under 1400. Usa is no longer affordable and inflation is at all time high. Cost of maintaining a car a in usa is pretty high. I pay $300 as my car EMI + $100 parking +$125 insurance + toll +fuel (~$75) Do you pay the same? India has become more desirable in recent years.

[@ameyajadhav7634]

401k is not PF its like NPS(actually it's based on 401k). PF IS LIKE IRA or Roth IRA

[@mysticcybertron7264]

Very informative!

[@archanakumar740]

Do you recommend someone who is earning 25 L in India to move to USA. I mean the person if the person is having minimal expenses and tax paid in India and still saving like more than 15-18 L per year.. Please suggest need this for a friend who is single

[@ambarish-dongre]

Not at all. Single and 25 L is pretty comfortable in india. There is really no need to leave that comfort and family and friends to do everything on your own in USA. On top if he/she marries and there is just 1 person earning then your life is struggle. Wife cant even do her salon thing as its too expensive here

[@ameyajadhav7634]

It's a year now and inr has dropped to 83 to USD now your savings in USD have increased!!

[@suryanshparashar700]

He is just making indian living in india happy

[@ambarish-dongre]

Okay so u are saying provident fund is what people should migrate for? Work whole life and get money at the age of 60 Btw do you live in USA? How long have you been here? You wont have the opinions you hVe when you spend a good amount of time

[@suryanshparashar700]

@@ambarish-dongre other way round you will not have the same opinion when u live in India for a long time , I had a mba offer of an colege ith min salary 20 lpa nd I left it to do MS by doing all the. calculations .Also , living a place for 10 years will obviously bore you , so we need to keep moving

[@suryanshparashar700]

Do u live in India 😆, how long you have been in india after coming up . 5 years from now , your opinion may change 😄

[@suryanshparashar700]

Also , a fair analysis would be comparing the opportunity people can get who work in product based company and not BIG4 .BIG4 is a pathetic empoloyer .

[@suryanshparashar700]

I know a person (my brother ) earning 400k USD passed out in 2012 in amazon

[@pouzonah3247]

What about 32lpa, what wll be approximate salary in US?

[@sandeeps5793]

But how long will it take for an Indian to reach 20 lakh salary(not iitans or top college students) and an american to reach 100k salary?

[@ambarish-dongre]

Just as an example. Average indian IT first salary is around 5 LPA now and YOY raise is almost 10-15 %. Considering this, it will take a person 10 years to Hit 20 LPA (in real world he will hit this number around 7 years time or even faster if he/she switches jobs) US H1B salary is around 70K per annum. And YOY growth is around 6-8%. So you will hit 100K in around 5 years. So I agree that there is difference but think in terms of purchasing power and not just salary.

[@sandeeps5793]

@@ambarish-dongre consider starting salary in US as 60, 000 usd per annum which on ppp conversion equals nearly 14 lakhs and again since opportunities are higher in US compared to India and competition is less( again compared to India) one can more easily switch to high paying jobs there am I right?

[@ambarish-dongre]

Incorrect it is tough to switch jobs in US. Visa processing takes forever and if you are in green card process, you have to wait for certain milestones to happen before you even change your location or job. Its not that easy. People get stuck in jobs they hate for years just becoz they cant get the documentation in time.

[@sandeeps5793]

@@ambarish-dongre agree on immigration laws but salary wise....

[@ambarish-dongre]

tbh US is not what it used to be before... or I would say.. India has developed significantly. If I want, I CAN order swiggy everyday in India and it wont hurt me that bad.. But in US I have to think before ordering coz its not cheap. One order in USA on food delivery app takes almost $30.. On swiggy we literally can order a 60 rupees pani-puri.. All i am saying is that India has changed for better and you can do more with your money in India than in USA.

[@shivamsawhney4263]

Very informative video.Glad i found this channel and video. Keep up the good work

[@ambarish-dongre]

Thank you Bro

[@amarg2199]

Very much close. Saving in USA is more rupees. It does not matter if a person live there forever.

[@somdash2920]

Not everyone....but that was the view untill sometimes ago for IT folks. That may bave changed somewhat. However, many people do earn a lot .... And just from the perspective of getting your loans paid off .... Definitely US is a better deal if you are getting the offer from your company. 😂

[@krishnakishore5816]

Hi sir, Does it make sense for a student from tier-1 institute in india(IIT or NIT), who's making 20Lpa in india as a fresher, to go and pursue masters, with a main motive to work there,save money in dollars and send it back big in rupees to India?

[@ambarish-dongre]

Considering that you will get at least $120K per year. Your in hand salary would be around $72K a year ($6K a month) Its possibke to save around $2500 a month after you have paid rent, utilities, food, travel, outing etc (realistically… u can save more if u live cheaply like a lower middle class person) This is just for you as a single person. If you have family then hell no. You will have a far better life in India if you are 20Lax and above. Living in USA makes sense when both husband wife works or you have a $150k+ job.

[@krishnakishore5816]

@@ambarish-dongre Thank you for your reply sir! Makes things clear

[@vecna7523]

No need to go if u r from Tier 1 college, fewer than 100-200 IITian out of 10-15k are going outside. You have have amazing standard of living here and not to forget maid, cook, driver and what not

[@arunbalaji6409]

@krishna You may not believe, but if you are from iit/nit and make 20l inr as fresher then you must be having great skills which will fetch you at least more than $160k.

[@parthprabhudessai1691]

​@@ambarish-dongreif I stay with friends ( 4 friends in 2 bhk in texas), there will be no state tax plus my utility and rent spending will be less. I can save 3500 k per month as single .. Isn't it?

[@adrianlopes6865]

Just one question,on average an engineer in India has a starting salary that on average is 5LPA whereas in the US it is 80K ,was just wondering if 20 lakhs is a fair comparison when compared to 100K

[@ambarish-dongre]

Just to be transparent. I started at a salary of 65K USD and transferred to India when I was drawing 120K USD. My india CTC was 23 LPA so 100K to 20 LPA made sense.

[@rupal_verma]

@@ambarish-dongre India me abi b wfh chal raha h so indian are saving 100% salary if living with parents .So i think thats a benefit.

[@rohankaran6533]

I have only one question - can we spend the earned money in us in india. I am thinking about to become cloud architect. And to live luxurious life i am thinking to get job in us. Is there any benifit ?

[@ambarish-dongre]

Ofcourse man. Why do you think people want projects or jobs in USA? On a long term , it helps you build a good standard of life in India. Dont think that with cloud architect you can automatically have a luxurious life. It is created systematically using multiple revenue streams. I used to smirk when people used to tell me that “focus on getting knowledge.. success and luxury will follow” Its TRUE

[@zahidsheikh4611]

Nice.. Honest comparison without any hesitation

[@raavi.venkat6269]

It's 40k life changeing to some one

[@sabji69]

Saving in india is way more than your calculations bro….most of the persons owned own house in india coz of their birth place….only few have rental….and the tax also depend on your job….self employees no need to concern about pf….i know its for job…but im self employee 😅😅😅 our annual earning is 15L we save more than 10L But loans are huge pain 😂😂😂

[@ambarish-dongre]

yepp if you own a home then you literally save 30% of you monthly salary just like that.

[@livinghope1561]

You're saying as if you are getting a 15L job in your own hometown. That's not true for 99% Indians. And furthermore you can also save on housing ... Look at how people's save money on housing in USA plus you also have social welfare systems in USA for benefits.

[@ambarish-dongre]

@@livinghope1561 what benefits are u talking about in USA? We pay Social Security Tax but get NOTHING if we are on H1B

[@sabji69]

@@livinghope1561 i say 15l per annum not monthly

[@sabji69]

@@ambarish-dongre I'm agree with.... For your that much salary you can get a bungalow with swimming pool in India.... But not in USA... My uncle is in UK... His Indian house is bigger than ours.... But his uk house is 3x bigger than kitchen that's all☹️

[@zdarr6188]

Very good

[@ambarish-dongre]

Thanks!

[@abdulbasithashraf5480]

Should have had the numbers in percentage terms

[@abdulbasithashraf5480]

The person in India has ~3% of his earnings left while the person in the US has ~1% of his earnings left (at least according to the numbers in this video)

[@gauravshukla1916]

PF is 12 percent of Basic salary not the CTC really sad people dont have basic accounting knowledge are serving content on social media thereby confusing people

[@ambarish-dongre]

So u mean it’s even less and more money in hand. Aren’t u making the same point then? Also this is not a accounting class.. focus on the overall fact.

[@gauravshukla1916]

@@ambarish-dongre No thats not the same point , money in hand or in your kitty as pf is money you get, cost of living comparo wont have anything to do with how much you put aside as savings or 401 etc. It should be purely based on cost of living, basic expenses. Overall fact can never be true unless you get the basics right. So please make it right.

[@Trackandshield]

Only if you earn in dollars and spend it in INR it doesn't matter.

[@mayankyadav7]

Simple 1 lakh dollar is equal to 320000 ruppees to spend in India. But 20 lakh PA person definitely get more than 1lakh usd

[@Lifemotivation-15]

Govt. Employee saving ,salary , health and pension is too much......

[@amrutapatade3827]

Thanks for sharing the reality. Very few people say the truth

[@ambarish-dongre]

Thanks for listening!

[@trailsofindia]

See my comment above

[@prashantthube]

aavadal mala hi info, mala confusion hot , pan aata dur zal, hope u r getting marathi , by ur name I guessed it , Thanks

[@ambarish-dongre]

Ho re. Me nagpur cha aahe. I talk marathi only.

[@RamRkRam]

In India If you are single : prefer Hostels 1. Hostel = 8000 Rs (max) where can find 6000 rs also. Which includes Food , bed, electricity, wifi 2. Transport: If you use bike 30 days 20 ltrs = 2000 Rs. Or u can use RTC bus also. Additional charges like movies, restaurant,bars and pubs make it 6000 (max) So per month your expenditure is 16000 rs. If you income is 109000 then saving is 94000 rs. If you are married it will cost 21000 Rs.

[@sayali.navare]

Noone gets this much accent in 8 yrs😖

[@aayushshukla4917]

My friend tax slab for 20 Lakhs is 30% in India your calculation is wrong.

[@ambarish-dongre]

Its never flat 30%. Tax is incremental and hence I took less than 30

[@shainirajak3599]

Wrong wrong, petrol 2k? Where is education? Loans?

[@ameyajadhav7634]

You in USA get better option for spouce !!

[@ambarish-dongre]

Hahaha many of my friends here would disagree. Its destiny dost.

[@Xay.L]

Jaldi jaldi Manipulate kar deta hu video banake !! Kisiko kya hei pata chalega

[@ambarish-dongre]

Arey kehna kya chahte ho? 😂

[@absoluteking3167]

@@ambarish-dongre fake bol raha hai woh bhai aapko

[@vecna7523]

Bechara loan leke bahar gya hoga India se kyunki India mein koi competitive exam nikla nhi hoga ab jab bhai ne expose kr dia toh bura lg rha hai 😂😂

[@user-xu7tw4xy3l]

Kuch bhi mtlb kuch bhi

[@vecna7523]

Kya kuch v woh 10 saal reh k aaya hai, Tuje jaana hoga udhar ya tu wohi hoga 😂😂

[@womenisonereasonbehindever2049]

India se us mze k liye jatien agar wha bhi jod jugad karke pese bcha kr rhna h to india kya bura h

[@ambarish-dongre]

Kuch bura nahi.. bohot accha hai. Par ye mat kaho ki UsA mein aish hai bhai. Usa makes you work a lot for every single thing in your day.

[@user-zo4uf9gb4e]

​@@ambarish-dongrebut u learn better also there than india

[@shivambinge]

i hate wanna be

[@pushpeshsuman]

Savings of 1.10 lakh in USA is actually lower than the savings of 68k in India if you spend on what pleases you. Only when that saving sent back to India will give that (minor)edge.

[@trailsofindia]

If this is the case, why people after settling in US never come back to India, if you request a lot them only 1% may agree but in india if you want to ask more than 99% will people will agree to go to US WHY IS THIS HAPPENED BECAUSE EVERYONE KNOW AND UNDERsTAND TRUTH, DONT TRY TO FOOL PEOPLE unnecessarily Just apply it on u, will u be back to india or will send ur children to india

[@ambarish-dongre]

US immigration is not just about money. It is about a new beginning. The quality of life is better for some people there. It is still the land of opportunity and people really get good work experience. Tell me all IT companies in India has clients where? USA… so even though people work in india, they work with people from US… better to be where the action is right. In the end it’s individuals choice and preference.. i have seen both the worlds and now I feel India is much better for me at this age… my time in USA was fantastic so it depends.

[@pushpeshsuman]

@@trailsofindia It is not about the money only....in India you will not find the comparative infrastructure and facilities even if the difference in money earned is very little. IIndia lacks some basic amenities like better public schools and basic hygiene. But lifestyle in general is not very different.

[@raviteja408]

Kept petrol so low bro

[@ambarish-dongre]

hahaha paise nahi hai.

[@rastavista]

After staying 8 years in USA he is still comparing dollars with INR then whats the use. Video made just to get views.

[@ambarish-dongre]

Bro the video is for people who don’t know about expenses in usa. All videos are made for views.. will you ever make a youtube video that only yourself will see? Point is to give people information who are seeking it.